RepeatSeat Ltd.
TSX VENTURE : RPS

RepeatSeat Ltd.

August 02, 2005 14:29 ET

RepeatSeat Announces Grant of Options

CALGARY, ALBERTA--(CCNMatthews - Aug. 2, 2005) - RepeatSeat Ltd. ("RepeatSeat") (TSX VENTURE:RPS) announces that the Corporation has granted stock options to acquire up to an aggregate of 675,000 common shares in the capital of the Corporation pursuant to the terms of the Corporation's stock option plan to certain directors and officers of the Corporation. The stock options are exercisable at $0.80 per common share and expire on December 31, 2008. The Corporation has 3,533,457 common shares reserved for issuance under its stock option plan of which 3,532,000 have been granted.

About RepeatSeat Ltd.

RepeatSeat Ltd. is a leading global entertainment services company, offering private label ticketing across North America. The Company promotes its clients' brand instead of its own. RepeatSeat's innovative Ticket Relationship Management (TRMTM) solutions provide turn-key point-of-sale, Internet and wireless applications to target markets including performing arts venues, movie theatres, sports venues, cruise ships, tourist attractions and conferences/trade shows. All solutions feature full end-user data capture and management, and one of the most comprehensive targeted permission e-mail programs available in the marketplace today. For more information on RepeatSeat, visit www.repeatseat.com.

The securities mentioned in this press release will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") and may not be offered or sold within the United States or to, or for the account or benefit of U.S. persons except in certain transactions exempt from the registration requirements of the U.S. Securities Act.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction.

On behalf of the Board of Directors of RepeatSeat Ltd.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this Press Release.

Contact Information

  • RepeatSeat Ltd.
    George Davidson
    President & Chief Executive Officer
    (403) 520-3560
    (403) 277-5601 (FAX)
    Website: www.repeatseat.com
    or
    RepeatSeat Ltd.
    Geoff Bury
    Chief Financial Officer
    (403) 520-3560
    (403) 277-5601 (FAX)
    Website: www.repeatseat.com